Railroads in the US boomed in the 19th century but faced competition from automobiles and airlines, leading to mergers and consolidation in the industry. There are 5 Class I publicly traded railroads ...
“Union Pacific and Norfolk Southern propose to merge the largest Class I railroad in [the U.S.] with the fourth-largest. The two merging railroads already have extensive access to vast markets. The ...
OptiFuel’s innovative modular locomotive systems facilitate rapid and efficient production, retrofits, and maintenance - empowering railroads to customize locomotives, efficiently trial and integrate ...
JACKSONVILLE, Fla., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiary Duos Technologies, Inc., a provider of ...
The most recent approved railroad merger was in 2023 when Canadian Pacific Railway and Kansas City Southern merged. Late last week, the Wall Street Journal cited exclusive yet unnamed reports Union ...
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This startup wants the $80-billion U.S. railroad industry to switch from diesel to batteries
Voltify, a start-up, has a bold ambition to convince U.S. Class 1 railroad companies to switch to battery-electric power. Powering locomotives using batteries rather than diesel would save U.S. rail ...
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